It takes the average reader and 12 minutes to read Linking Commodity Price Risk and Operations by Bardia Kamrad
Assuming a reading speed of 250 words per minute. Learn more
We consider the financial hedging of a random operational cash flow that arises in inventory operations with price and demand uncertainty. We use a variance minimization approach to find a financial portfolio that would minimize the total variance of operational and financial returns. For inventory models that involve continuous price fluctuations and price-dependent demand that arrives in continuous time, we characterize the minimum-variance hedging policies and numerically illustrate their effectiveness.
Linking Commodity Price Risk and Operations by Bardia Kamrad is 12 pages long, and a total of 3,024 words.
This makes it 4% the length of the average book. It also has 4% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 16 minutes to read Linking Commodity Price Risk and Operations aloud.
Linking Commodity Price Risk and Operations is suitable for students ages 6 and up.
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